<PAGE>

                                                                    EXHIBIT 99.1

                                                                     Page 1 of 5


                ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2005-B
                                 APRIL 17, 2006

                                TABLE OF CONTENTS

<Table>
<S>                                                                            <C>
DISTRIBUTION REPORT ........................................................   2
FACTOR REPORT ..............................................................   2
DELINQUENCY TOTALS .........................................................   3
REPOSSESSION TOTALS ........................................................   3
REPOSSESSION TOTALS ........................................................   3
BANKRUPTCY GROUP TOTAL REPORT ..............................................   4
</Table>

 IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
                           ADMINISTRATOR LISTED BELOW:

                                 Rafael Martinez
             JPMorgan Chase Bank, N.A. - Structured Finance Services
                              600 Travis, 9TH FLOOR
                              Houston, Texas 77002
                    Tel: (713) 216-4391 / Fax: (713) 216-4880
                     Email: RAFAEL.TEXAS.MARTINEZ@CHASE.COM

(JPMORGAN LOGO)

<PAGE>

                                                                     Page 2 of 5


                ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2005-B
                                 APRIL 17, 2006

                             DISTRIBUTION IN DOLLARS

<TABLE>
<CAPTION>
                             BEGINNING                                                                            ENDING
          ORIGINAL FACE      PRINCIPAL                                                  REALIZED   DEFERRED      PRINCIPAL
CLASS         VALUE           BALANCE        PRINCIPAL      INTEREST         TOTAL       LOSSES    INTEREST       BALANCE
------   --------------   --------------   ------------   ------------   ------------   --------   --------   --------------
<S>      <C>              <C>              <C>            <C>            <C>            <C>        <C>        <C>
A1        40,692,000.00    36,544,573.67   1,332,816.86     159,882.51   1,492,699.37     0.00       0.00      35,211,756.81
A2        39,295,000.00    39,295,000.00           0.00     171,817.39     171,817.39     0.00       0.00      39,295,000.00
A3        13,428,000.00    13,428,000.00           0.00      62,719.95      62,719.95     0.00       0.00      13,428,000.00
A4        19,897,000.00    19,897,000.00           0.00      97,992.73      97,992.73     0.00       0.00      19,897,000.00
M1        15,750,000.00    15,750,000.00           0.00      78,618.75      78,618.75     0.00       0.00      15,750,000.00
M2        11,375,000.00    11,375,000.00           0.00      61,425.00      61,425.00     0.00       0.00      11,375,000.00
B1        12,250,000.00    12,250,000.00           0.00      73,500.00      73,500.00     0.00       0.00      12,250,000.00
B2         3,500,000.00     3,500,000.00           0.00      21,000.00      21,000.00     0.00       0.00       3,500,000.00
CERT               0.00             0.00           0.00     530,186.69     530,186.69     0.00       0.00               0.00
         --------------   --------------   ------------   ------------   ------------     ----       ----     --------------
TOTALS   156,187,000.00   152,039,573.67   1,332,816.86   1,257,143.02   2,589,959.88     0.00       0.00     150,706,756.81
         ==============   ==============   ============   ============   ============     ====       ====     ==============
</TABLE>

                  FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

<TABLE>
<CAPTION>
                                                                                                   CURRENT
                                                                                                    PASS-
                        BEGINNING                                                                   THRU
CLASS      CUSIP        PRINCIPAL      PRINCIPAL     INTEREST       TOTAL      ENDING PRINCIPAL     RATE
------   ---------   --------------   -----------   ----------   -----------   ----------------   --------
<S>      <C>         <C>              <C>           <C>          <C>           <C>                <C>
A1       68619ABP1     898.07759928   32.75378109   3.92908950   36.68287059      865.32381820   5.250000%
A2       68619ABQ9   1,000.00000000    0.00000000   4.37250006    4.37250006    1,000.00000000   5.247000%
A3       68619ABR7   1,000.00000000    0.00000000   4.67083333    4.67083333    1,000.00000000   5.605000%
A4       68619ABS5   1,000.00000000    0.00000000   4.92500025    4.92500025    1,000.00000000   5.910000%
M1       68619ABT3   1,000.00000000    0.00000000   4.99166667    4.99166667    1,000.00000000   5.990000%
M2       68619ABU0   1,000.00000000    0.00000000   5.40000000    5.40000000    1,000.00000000   6.480000%
B1       68619ABV8   1,000.00000000    0.00000000   6.00000000    6.00000000    1,000.00000000   7.200000%
B2       68619ABW6   1,000.00000000    0.00000000   6.00000000    6.00000000    1,000.00000000   7.200000%
                     --------------   -----------   ----------   -----------    --------------
TOTALS                 973.44576482    8.53346860   8.04896067   16.58242927      964.91229622
                     ==============   ===========   ==========   ===========    ==============
</TABLE>

(JPMORGAN LOGO)       COPYRIGHT 2005 J.P.MORGAN CHASE & CO. ALL RIGHTS RESERVED.

<PAGE>

                                                                     Page 3 of 5


                ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2005-B
                                 APRIL 17, 2006

<TABLE>
<S>                     <C>                                                 <C>
Section 7.05(a)(i)      Principal Payment Allocable to Holders                1,332,816.86

Section 7.05(a)(ii)     Interest Payment Allocable to Holders                   726,956.33

Section 7.05(a)(iii)    Servicing Fee                                           178,427.04
                        Indenture Trustee Fee                                     2,677.42
                        Indenture Trustee Expenses                                  702.45
                        Owner Trustee Fee                                             0.00
                        Monthly Backup Servicing Fee                              5,000.00

Section 7.05(a)(iv)     Beginning Balance of Contracts                      171,289,960.35
                        Ending Balance of Contracts                         169,957,143.49

Section 7.05(a)(v)      Number of Contracts                                          3,314
                        Weighted Average Remaining Term                                227
                        Weighted Average Contract Rate:                              9.189%

Section 7.05(a)(vi)     Number and Aggregate Principal Amounts of
                        Contracts in Delinquency inlcuding Repossessions
</TABLE>

                               Delinquency Totals
                                  Group Totals

<TABLE>
<CAPTION>
Period       Number   Principal Balance   Percentage
----------   ------   -----------------   ----------
<S>          <C>      <C>                 <C>
30-59 days     17          881,414.50        0.52%
60-89 days      5          180,903.68        0.11%
90+days         3          176,236.10        0.10%
Total          25        1,238,554.28        0.73%
</TABLE>

Number and Aggregate Principal Amounts of Contracts Repossessed During Reporting
                                     Period

                               Repossession Totals

<TABLE>
<CAPTION>
Number of   Principal
  Loans      Balance    Percentage
---------   ---------   ----------
<S>         <C>            <C>
2           92,579.77      0.05%
</TABLE>

        Number and Aggregate Principal Amounts of Contracts in Inventory

                               Repossession Totals

<TABLE>
<CAPTION>
Number of    Principal
  Loans       Balance    Percentage
---------   ----------   ----------
<S>         <C>          <C>
4           192,540.77     0.11%
</TABLE>

(JPMORGAN LOGO)       COPYRIGHT 2005 J.P.MORGAN CHASE & CO. ALL RIGHTS RESERVED.

<PAGE>

                                                                     Page 4 of 5


               ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2005-B
                                 APRIL 17, 2006

       Number and Aggregate Principal Amounts of Contracts in Bankruptcy

                          Bankruptcy Group Total Report

<TABLE>
<CAPTION>
Number of   Principal
  Loans      Balance    Percentage
---------   ---------   ----------
<S>         <C>         <C>
1           54,678.97      0.03%
</TABLE>

<TABLE>
<S>                     <C>                                                 <C>
Section 7.05(a)(viii)   Principal Prepayments                                   876,101.92

                        Liquidation Proceeds                                          0.00

Section 7.05(a)(viii)   Realized Losses
                           Current Period                                             0.00
                           Cumulative                                            43,283.25

Section 7.05(a)(ix)     Adjusted Note Balances
                           Class M1                                          15,750,000.00
                           Class M2                                          11,375,000.00
                           Class B1                                          12,250,000.00
                           Class B2                                           3,500,000.00

Section 7.05(a)(x)      Interest Payment Amount
                           Interest Distribution - A-1                          159,882.51

                           Interest Distribution - A-2                          171,817.39

                           Interest Distribution - A-3                           62,719.95

                           Interest Distribution - A-4                           97,992.73
                           Available Funds Cap Carry-Forward Amount - A-4             0.00
                           Interest Reduction Amount - A-4                            0.00

                           Interest Distribution - M-1                           78,618.75
                           Available Funds Cap Carry-Forward Amount - M-1             0.00
                           Liquidation Loss Interest
                           Amount - M-1                                               0.00
                           Interest Reduction Amount - M-1                            0.00

                           Interest Distribution - M-2                           61,425.00
                           Available Funds Cap Carry-Forward Amount - M-2             0.00
                           Liquidation Loss Interest
                           Amount - M-2                                               0.00
                           Interest Reduction Amount - M-2                            0.00

                           Interest Distribution - B-1                           73,500.00
                           Available Funds Cap Carry-Forward Amount - B-1             0.00
</TABLE>

(JPMORGAN LOGO)       COPYRIGHT 2005 J.P.MORGAN CHASE & CO. ALL RIGHTS RESERVED.

<PAGE>

                                                                     Page 5 of 5


               ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2005-B
                                 APRIL 17, 2006

<TABLE>
<S>                     <C>                                                 <C>
                           Liquidation Loss Interest Amount - B-1                     0.00
                           Interest Reduction Amount - B-1                            0.00

                           Interest Distribution - B-2                           21,000.00
                           Available Funds Cap Carry-Forward Amount - B-2             0.00
                           Liquidation Loss Interest Amount - B-2                     0.00
                           Interest Reduction Amount - B-2                            0.00

Section 7.05(a)(xi)     Overcollateralization Target Amount                  19,250,386.68

Section 7.05(a)(xii)    Overcollateralization Amount                         19,250,386.68

Section 7.05(a)(xiv)    Trust Certificate Distribution                          530,186.69

Expense Paid to LLC and DRS                                                           0.00
Servicing Fee Adjustment                                                        -51,312.00
Miscellaneous Servicing Expenses                                                      0.00
</TABLE>

(JPMORGAN LOGO)       COPYRIGHT 2005 J.P.MORGAN CHASE & CO. ALL RIGHTS RESERVED.